New Technologies and Business Practices To Build Your Brand

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    New Technologies and Business Practices To Build Your Brand - Presentation Transcript

    1. New Technologies and Business Practices to Build Your Brand. Welcome to TechColumbus
    2. What is TechColumbus? A Catalyst for Tech-Based Business Growth in Central Ohio Help Companies Connect, Learn and Grow – Member services, networking, outreach, and advocacy – IT services – Platform Lab – Creating a vibrant tech community Helping Create and Launch New Companies – World Class Business Incubator – TechStart = entrepreneurship on steroids Helping Attract Companies and Talent – The TechCorridor – Dublin, New Albany, UA, Rickenbacker
    3. Our Promise Growth is the underlying driver of everything we do. We help start-ups grow their concepts, their maturity, their abilities, and their ambitions. We help established companies grow their business, their capabilities, their connections, and their knowledge. And we help individuals grow their careers, their expertise, their networks, and their confidence. Every day, TechColumbus provides the people, information, and funding critical to a thriving innovation economy.
    4. Upcoming Events August 5: Networking Mixer New Albany Business Development Center Open House August 13: e Track Luncheon When to Jump - Real Life Advice on Becoming a Full Time Entrepreneur August 14: Leadership Luncheon Energy, the Future and Smart Grid with AEP, Duke Energy and the Public Utilities Commission of Ohio August 20: Business Breakfast Developing Transformational Leadership Techniques
    5. What is your brand? “A brand is the sum of the good, the bad, the ugly, and the off-strategy. It is defined by your best product as well as your worst product. It is defined by award-winning advertising as well as the god-awful ads that slipped through the cracks, got approved, and, not surprisingly, slipped into oblivion. It is defined by the accomplishments of your best employee—the shining star in the company who can do no wrong—as well as the mishaps of the worst hire you ever made. It is also defined by your receptionist and the music your customers are subjected to when placed on hold. For every grand and finely worded statement by the CEO, the brand is also defined by derisory consumer comments overheard in a hallway, or in a chat room on the Internet. Brands are sponges for content, for images, for fleeting feelings. They become psychological concepts held in the minds of the public, where they may stay forever. As such you can’t entirely control a brand. At best you can only guide and influence it.” Scott Bedbury, A N ew Brand W orld
    6. Our Panelists Todd Swickard – CEO, People to My Site Jeff Hampel – President, MediaPlace Principal, 361 Media. Boston05 Bill Balderaz – President, Webbed Marketing Dale Edman – Director, Account Strategy for Resource Interactive
    7. Todd Swickard PeopleToMySite.com
    8. SOCIAL MEDIA MARKETING A GUIDE TO USING IT SUCCESSFULLY • Where you want to be • Why you want to be there • What to do/avoid when you get there
    9. WHERE YOU WANT TO BE THE SOCIAL MEDIA NETWORKS 1. LinkedIn 2. Facebook 3. Twitter 4. MySpace
    10. WHY YOU WANT TO BE HERE L INKED I N • Some statistics on use: – Site traffic grew 153% in 2008 and 319% since 2007 – 30.1 million users, 11.9 million monthly visitors – Users accept 83% of referrals – Most members are 30-55 – 97% of users join based on invitations from existing members
    11. WHAT TO DO / AVOID THERE L INKED I N • Maintain your rolodex – keep in touch with potential clients as they switch jobs • Improve your site’s SEO • Gauge health of partner companies • Track competitors, employees • Join groups for networking opportunities • Avoid connecting with just anyone • Only recommend those you truly trust
    12. WHY YOU WANT TO BE HERE FACEBOOK • Some statistics on use: – Site membership grew 85% in 2008 – Over 150 million users, 54.5M unique visitors/month – Less than 20% of users are under 18 – 85% of users are 18-54 – Clean layout, easy to find information
    13. WHAT TO DO / AVOID THERE FACEBOOK • Maintain connections • Link to your blog • Improve your site’s SEO • Track employees • Avoid posting anything you wouldn’t want to see in a new business meeting • Ensure your friends can make common sense judgments, or unfriend them
    14. WHY YOU WANT TO BE HERE TWITTER • Some statistics on use: – Site membership grew 752% in 2008 – 4.43M unique visitors/month – 78% of users are 18-49 – Mix of demographics – Good place to check the climate and manage customer relations Source: http://www.quantcast.com/twitter.com#summary
    15. WHAT TO DO / AVOID THERE TWITTER • Keep an ear to what people are saying about your business • Link to your blog • Improve your site’s SEO • Check the competition • Check in 1x/week • Tweet about promotions • Don’t auto-follow • Build a following when you have time – follow your competitors’ followers
    16. WHY YOU WANT TO BE HERE MY SPACE • Cluttered site, good for specific industries: – Personal trainers – Musicians • Some statistics on use: – 110M monthly active users, 185M registered users – Skews young: 45% of users are 18-34 29% of users are 12-17 – More than 8M artists and bands – 53% of users have no college education
    17. WHAT TO DO / AVOID THERE MY SPACE • Check in 1x/wk • Allow your page to be searchable • Post videos and other new media here • Don’t publish information you wouldn’t want seen at a new business meeting • Listen to visitor feedback – but don’t respond to everything
    18. Everything You Do in Marketing, Affects and Addresses Your Brand  Direct Marketing  Use – Primarily lead generation…But it is you to the recipient!  Examples - Direct mail, email marketing  Print Advertising  Use – Primarily branding and awareness; secondarily lead gen  Examples – Display ad, tip-on, belly band, insert, advertorial, etc  Traditional Online Advertising  Use – Mainly lead generation; more and more branding and awareness  Examples – Sponsorships, Newsletters, textlinks, white paper/ebook/other asset marketing  Corporate Sponsorships  Use – Branding, awareness and lead generation  Examples – Sports, Events, Site (Arena), Celebrity, Organizations  SEO/M  Use – Combination of lead gen, branding and awareness  Examples – Natural and Paid  Social Media  Use – Branding, awareness, limited lead gen … customer service  Examples – Facebook, LinkedIn, Twitter, YouTube…..Viral Marketing
    19. Some Answers are Better Than Others Things to Consider:  Need Clear Quantifiable Goals - Sales, Marketing, PR …  Budgets (Marketing + Customer Service + PR ?)  ROI Requirements – Branding “Expense” Still has to Pay the Bills…on Some Level.  Competitive Branding Review  Identify What Your Customers Think – Survey Says?....  Specifics on Who the Target Audience Is…and Isn’t  Review Current Efforts › Is your SEO where you need it? › What obstacles are sales efforts encountering with regard to brand? › Are there company image issues to address?
    20.  Define what type of Business Solution(s) you need (from previous slide)…and in what order.  Ex. Sales Growth, Brand Recognition, Awareness, Image …  Build a Team of Collaborative Experts  Consider Internal and External Options  Develop The Plan and Implement  Each Media Option Needs to be Used Properly  Ex. Online Outlets - Fit: Demographic/Psychographic, Reach, Frequency, Timing, Audience Context…  Test, Measure & Refine…Measure & Refine….  Insist on Accountability from Your Team
    21. Thank you! Jeff Hampel MediaPlace 5995 Wilcox Place Suite A Dublin, Ohio 43016 614-793-8805 jhampel@mediaplacehome.com
    22. New Practices For Building Your Brand Online •Four Truths In the Online World
    23. Truth #1 Consumers define your brand • Consumers produce more content, are faster, less restricted and influence other consumers (and search engines). If consumers say you sell cheap textbooks, that’s what you sell. Slide 26
    24. Internet Marketing With Real Results? Slide 27
    25. Truth #2: Your web site is not the first impression you make online • Your most loyal customers are not on your web site every day, but they may be on Facebook, Twitter or LinkedIn every day. • And they use Google every day • Bloggers, reporters, analysts, competitors and consumers are all building content about your brand in highly visible places • 40% of online queries are “navigational” Slide 28
    26. Who is the authority on information about GM? Slide 29
    27. Truth #3: You should focus on conversations, not monologues • Consumers expect answers, fast • They don’t call customer service, they Tweet it! • Questions about hours, locations, suggestions for products and services are plentiful Slide 30
    28. They don’t want to listen, they want to talk Slide 31
    29. Brands using social media to communicate Slide 32
    30. Brands engaging in real time conversation • @bbalderaz I will check out the article! Thanks for finding us on Twitter & FB! Let us know if you stay with us again!7:57 AM Jun 13th from TweetGrid in reply to bbalderaz Slide 33
    31. Truth #4: Think about where consumer opinions are formed (and The Serenity Prayer) • Search • Advertising • Social Media Slide 34
    32. The Serenity Prayer • Accept the things you cannot change • Google your name, you will see some things you don’t like • Competitors will advertise on your products and company keywords • Consumers and the media will write about what ever they want Slide 35
    33. Accept the things you cannot change Slide 36
    34. The Serenity Prayer • Change the things you can • Optimize your site for brand, products and services • Advertising on your branded terms • Engage consumers and the media in conversations Slide 37
    35. Take-aways • Branding still matters, but it is not formed in your board room, it’s formed by consumers • View your brand as your consumers view it • Join conversations • Focus on what you can influence Slide 38
    36. THE DIGITAL CHANNEL: Retail’s new growth engine PRESENTED BY: Dale Edman Director of Account Strategy RESOURCE INTERACTIVE
    37. MISCONCEPTION #1 Web sales remain too small to matter.
    38. FACT: The web remains the fastest-growing channel and is responsible for disproportionate growth.
    39. Retail Growth is Relatively Flat Overall 2.6% TOTAL SALES (trillions) Total Retail CAGR is projected to be 2.6% from 2007-2012 2007 2008 2009 2010 2011 2012 Source: Forrester Research, January 2008
    40. Online Growing 5x Faster than Offline 14% TOTAL SALES (trillions) ONLINE Retail CAGR is projected to be 14% from 2007-2012 200 200 200 201 201 201 7 8 9 0 1 2 Source: Forrester Research, January 2008
    41. 2007: Web Fueled Majority of Growth For Some Major Retailers Web as a % of total Web as a % of total sales SALES GROWTH 10% 32% 90% 68% 29% 42% 71% 58% Source: Internet Retailer, April 2008
    42. 2012: Web Significant Growth Contributor Web as a % of total Web as a % of total sales SALES GROWTH 7%* 11%* ONLINE ONLINE 43% ONLINE 57% 89% 93% OFFLINE OFFLINE *These %s are deflated by large categories with extremely low online penetration—such as autos and food Source: Forrester US eCommerce Forecast: 2008-2012
    43. MISCONCEPTION #2 The web is primarily an e-commerce channel.
    44. FACT: The web uniquely catalyzes and impacts cross-channel shopping.
    45. The Web is Projected to Influence 50% of Offline Sales by 2012 TOTAL SALES (trillions) Offline Sales Total Online 50% Impact 48% 45% 47% Offline 42% Sales 38% Influenced by Online Online Sales 2007 2008 2009 2010 2011 2012 Jupiter: US Online Retail Forecast, 2007 - 2012
    46. Web Improves Total Customer Experience The web should be the hub for engagement and transactions WEB ENABLE ADVOCACY & AMPLIFICATION Web-and-Spoke Model Source: Resource Interactive 2002, rev 2008
    47. MISPERCEPTION #3 Stores are the most important channel for purchasing.
    48. FACT: The web has begun to rival stores for purchase decision- making.
    49. Web Rivaling Offline in Importance Home electronics buyers rated stores and online equally Q: How important were each in helping you make your decision on what to purchase? 7% said that online was “absolutely essential” when making an apparel purchase decision Source: Resource Interactive Survey, August 2008
    50. AWARENESS CONSIDERATION SELECTION PURCHASE LOYALTY Mass Friends & In Store In Store Media Neighbors Staff Messaging message Impact of traditional brand communications at the onset of the consumer purchase journey is decreasing
    51. consumer journey digital strategy Facebook Event Youtube Myspace fan page Facebook fan page Display Store Ad Mobile visit Ratings Search & result reviews VS Direct PINK web Mail web site site blog
    52. Thank you Please recycle your nametag. Please fill out the survey

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